Insperity Announces Expense Management Mobile Application

HOUSTON--(BUSINESS WIRE)-- Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today announced that Insperity^TM ExpensAble^TM has expanded its mobile application for ExpensAble Corporate to encompass Droid and BlackBerry devices, in addition to iPhones.

The application, ExpensAble Mobile, enables users of these hand-held devices to capture receipt images, add expense details, calculate currency exchange rates and more, in a quick and easy-to-use process. Managers can approve or reject expense reports through the application.

ExpensAble Mobile’s receipt imaging function completely eliminates the need for submitting paper receipts. Users simply enter expenses through ExpensAble Mobile, and the information is stored in an E-bin until the individual is ready to complete his or her expense report. In addition, a digital back up is created for easy access should an audit occur.

“Keeping track of paper receipts is a time-consuming hassle for both the person incurring expenses and the individual who must manually input the information into a company’s accounting software,” said John Tangredi, Insperity Expense Management president. “By attaching digital copies of receipts online, employees can instantly submit their expenses for approval, eliminating the high costs associated with routing and storing paper.”

An additional benefit of the ExpensAble Mobile application is its built-in currency converter.

“Dealing with foreign currencies always complicates expense reporting because travelers are not sure how to best find current exchange rates and make conversions into U.S. dollars,” said Tangredi. “Our currency converter does the work in just a few clicks.”

The ExpensAble Mobile application can be easily downloaded through smartphones’ app stores, such as iTunes, Android Market or BlackBerry App World. Once existing corporate information is entered, the application can be activated. Internet connectivity is required to upload expenses.

“Expense reporting doesn’t have to be an onerous activity,” said Tangredi. “ExpensAble Mobile simplifies the process, thereby enabling a company’s employees to focus on the aspects of their business that are most critical to their success rather than on time-consuming administrative tasks.”

Insperity ExpensAble provides one of the most efficient expense management solutions on the market. Insperity ExpensAble automates a company’s expense reporting, enforces corporate spending policies, handles receipt imaging needs, integrates with a company’s back office systems, automates the reimbursement process and provides extraordinary visibility into a company’s expenditures through advanced expense report software.

Insperity^TM, a trusted advisor to America’s best businesses for more than 25 years, provides an array of human resources and business solutions designed to help improve business performance. Insperity Business Performance Advisors offer the most comprehensive Workforce Optimization^TM solution in the marketplace that delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity. Additional offerings include MidMarket Solutions^TM, Performance Management, Expense Management, Time and Attendance, Organizational Planning, Recruiting Services, Employment Screening, Retirement Services, Business Insurance and Technology Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2010 revenues in excess of $1.7 billion, Insperity operates in 56 offices throughout the United States. For more information, visit http://www.insperity.com.

Insperity, Inc.
Investor Relations Contact:Douglas S. Sharp, 281-348-3232
Senior Vice President of Finance,
Chief Financial Officer and Treasurer
or
News Media Contact:Jason Cutbirth, 281-312-3085
Senior Vice President of Marketing
[email protected]

Source: Insperity, Inc.